Freehold or leasehold condo – which is better?

Freehold ownership carries indefinite duration, meaning you effectively own the land “forever,” which can offer greater security and intergenerational value. Leasehold condominiums, on the other hand, come with a defined duration (often 99 years) but are commonly more affordable. Analysis over the past 20 years shows that freehold and 999-year condominiums have consistently outperformed 99-year leasehold units in the resale market, with an average price growth of 219%. That enduring value positions freehold as a preferred long-term investment option for those prioritizing potential capital appreciation and legacy planning.